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Originally Posted by Acajack
Abandoned stuff in otherwise booming areas is a sure-fire sign that we're doing something wrong in our city-building.
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Not always. Dying malls are there in some vibrant cities all over the world. It's just a change of retail preferences. And in the case of North America, we are ridiculously over retailed with more retail square foot per capita than just about anyone but the US (without American incomes to support it). You can see the decline. Every mall that is not the major city centre or regional mall is increasingly full of junk retail with dollar stores and kiosks selling cellphone cases.
The sooner we get to redevelopment, the better things will be. I'm just looking at places like the old Sears store space at St. Laurent Mall. How long has that sat empty? It's crazy that spaces beside a major local transit hub has sat empty for years. That doesn't happen unless the business model is broken. Places like that (and in this case I mean the whole mall) need to be redeveloped.
Quote:
Originally Posted by Acajack
Super-regional malls are also doing OK, ie those that offer unique stores to a fairly large area, and they don't need to appeal to specific ethnic groups. Les Promenades Gatineau is like this. Bayshore and Rideau Centre in Ottawa are also like this. So is Carrefour Laval.
But you only need one of these per 300-500 hundred thousand people.
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Exactly. The success of Rideau and Bayshore basically renders every other mall on the Ottawa side of the river kinda useless. The best example of a large regional mall going to pot in the Ottawa area is Place D'Orleans. When half the mall has to turn in to a drop in centre for public servants to survive, the mall's viability is questionable. The area clearly can't support that much retail.